Nestle India Ltd

(NESTLEIND)

Nestlé India Reports Mixed Q2 Results Amid Challenges - 05 Nov, 2024

Nestlé India reported a net profit of ₹899.5 crore for the quarter, slightly down from last year but above analyst expectations. Revenue rose 1.3% to ₹5,104 crore, missing estimates. Urban sales volumes were impacted by a shrinking middle class, raising concerns about consumer spending.

Nestlé India Faces Market Cap Decline Amid Earnings Issues - 04 Nov, 2024

Nestlé India's stock faced significant pressure on November 4, 2024, with a market cap drop of ₹3,307 crore due to disappointing earnings and volume declines. Chairman Suresh Narayanan highlighted challenges in maintaining the Rs 5 segment amid losses.

Nestle India Launches Over 140 New Products - 30 Oct, 2024

Nestle India has successfully launched over 140 products in the last eight years, capitalizing on the premiumization trend, with notable items reaching international markets.

Nestle India Faces Challenges Amidst Growth in E-commerce - 28 Oct, 2024

Nestle India's CMD noted a shrinking middle class impacting spending, while the company reported disappointing Q2 FY25 results due to sluggish demand. However, quick commerce has emerged as a significant growth channel, now making up 50% of e-commerce sales.

Nestle India Sees Strong E-commerce Growth - 25 Oct, 2024

In Q2 FY25, Nestle India reported a 38% growth in its e-commerce channel, the highest in seven quarters, with e-commerce contributing 8.3% to domestic sales, half from quick-commerce.

Nestle India Faces Market Challenges and Declining Shares - 24 Oct, 2024

Nestle India reported disappointing Q2 results, with a net profit decline and significant market cap loss. Shares hit a 52-week low amid rising competition and challenging market conditions.

Nestlé India Faces Growth Challenges Amid Demand Shift - 23 Oct, 2024

Nestlé India is experiencing its slowest growth in eight years, primarily due to reduced spending by the middle class and rising raw material costs. The company noted a decline in volumes, particularly in milk and chocolate segments, while premium products show resilience. E-commerce is growing rapidly, but overall demand remains muted.

Nestle India Faces Revenue Challenges Amid Inflation - 22 Oct, 2024

Nestle India reported a modest 1% revenue growth amid rising food inflation and sluggish demand in the FMCG sector. The company launched sugar-free CERELAC variants, but overall profit and volume growth have declined. Urban markets are particularly affected by rising commodity prices, while rural areas remain stable.

Nestle India Faces Challenges Amidst E-commerce Growth - 21 Oct, 2024

Nestle India's Q2FY25 results fell short of expectations due to low consumer demand and high commodity costs. Analysts maintain cautious ratings with revised price targets.

Nestle India Shows Strong Buying Momentum - 19 Oct, 2024

Nestle India has demonstrated resilience, rebounding from Rs 2300. With an RSI of 70, strong buying momentum is noted. A buy is recommended at Rs 2350, targeting Rs 2450+.

Nestle India Faces Decline After Q2 Results - 18 Oct, 2024

Nestle India shares dropped over 3% following a 0.94% decline in net profit for Q2 FY25. Analysts downgraded targets amid weak consumer demand and inflationary pressures.

Nestle India Faces Profit Decline Amid New Product Launch - 17 Oct, 2024

Nestle India navigates challenges with a Q2 FY25 profit of ₹986 crore, while launching 'no refined sugar' Cerelac variants. Share prices fell nearly 4% following profit decline to ₹899 crore. Leadership transition is underway with Manish Tiwary appointed as MD effective August 2025.

Nestle India Q2 Earnings Preview Shows Mixed Signals - 16 Oct, 2024

Nestle India is projected to report 5%-7% revenue growth for Q2 FY25, with net profit estimates ranging from Rs 852 crore to Rs 887 crore. However, a 5% decline in PAT is also anticipated due to food inflation and input cost volatility.

Nestle India Q2 Preview Shows Positive Growth Expectations - 15 Oct, 2024

Nestle India is projected to see a 5-7% revenue increase and a 7-8% rise in adjusted profit for Q2, despite margin pressures from high raw material costs.

Nestlé India MD Suresh Narayanan to Retire - 08 Oct, 2024

Suresh Narayanan, Chairman and MD of Nestlé India, will retire on July 31, 2025. Manish Tiwary, former Amazon country head, is nominated as his successor.

Leadership Transition at Nestlé India Announced - 07 Oct, 2024

Nestlé India will see a leadership change as Suresh Narayanan retires on July 31, 2025, after 26 years. Manish Tiwary is nominated to succeed him, pending board approval. The company remains a key player in the FMCG sector, with a positive outlook for rural growth.